Apr 23, 2013 4:00am PDT
insider with the obama administration as the head of the office of information & regulatory affairs. let me ask you, how do we fix this big, bad, complex thing we call government? - one thing we can do, and we've started to do, and we should do a lot more of, is make it simpler. if you look at the best consumer products now, they are often ipads and tablets, and even a child can use them. they have a lot of complicated ingredients, the people who produce them did a lot of complex work, but to interact with them is simpler. - you were talking about, we could actually save something like 9 billion hours of time wasted on government paperwork? - the obama administration started to get rid of millions, in fact, tens of millions, in fact, probably we're over a hundred million now. but we can do a lot more to take away those hours, and that can free up people to do their real work and spend time with their families. - is this, in fact happening? because the subtitle of your book, you say it is the future of government. is this ultimately what is going to happen? - i think there are two things:
Apr 22, 2013 4:00am PDT
to sell its u.s. corona beer business to constellation brands. the obama administration originally blocked the deal, saying anheuser would have had too much control over the american beer market. seaworld stock caught a wave in its first public day of trading. shares opened at $27 and closed just above $33. also friday, blackhawk networks stock opened at $23 and closed around $26. today, truett-hurst wineries is going public in the first winery ipo since 1999. and next week, ing plans to spin off its u.s. insurance unit for $1.5 billion in the second-biggest ipo in a year. mcdonald's first quarter earnings were a mixed bag: profits were up, but same-store sales slowed in the first quarterly decline in a decade. mcdonald's blames the economy and increased competition for the slump. it hopes dollar menu items will bring customers back in the spring. kimberly clark's first quarter profits were up 13% on strong sales in brands kleenex and cottonelle. also, emerging markets are bringing demand for diapers and household goods. still to come, why so many americans are scared of the stock market.